Prestige Kolshet: Prestige Group Announces ₹6,000 Cr Thane Development on 14.6 Acres

Project Overview

Prestige Thane is Prestige Group's Rs 6,000 crore, 14.6-acre entry into the Kolshet Road corridor of Thane West – a 5 million sq ft residential and retail township announced in July 2026 and still at pre-MahaRERA stage. Announced in July 2026 with an estimated project value of around ₹6,000 crore and over 5 million sq ft of planned built-up area, Prestige Kolshet is positioned as one of the biggest new launches in the MMR.

Product Configuration and Specifications

2, 3 and 4 BHK residences are planned. Exact carpet areas have not been officially announced yet, and an official MahaRERA registration number, final price list, floor plans and confirmed possession timeline have not yet been publicly disclosed.

The project is planned with a grand clubhouse, swimming pools, gymnasium, sports courts, landscaped gardens, children's play areas and community spaces.

Location and Infrastructure Context

Prestige Kolshet is located on Kolshet–Balkum Road in Thane West, offering convenient access to major roads, business hubs, schools, hospitals, shopping destinations and upcoming infrastructure. The locality offers access to Ghodbunder Road, the Eastern Express Highway and Thane Railway Station, making it convenient for daily commuting across Thane and the wider Mumbai Metropolitan Region.

The Thane-Borivali Twin Tunnel is expected to cut travel time to Borivali from 60–90 minutes to roughly 15 minutes once complete; Mumbai Metro Lines 4 & 5 are also planned along the Ghodbunder Road belt.

Kolshet has developed into an established residential corridor within Thane West, with growing commercial activity along the road.

Current Status and Regulatory Stage

Prestige Kolshet is currently at the upcoming, pre-launch stage in Thane; MahaRERA registration will be published as the project moves through the formal launch process. MahaRERA Registration - Application in Process.

Official pricing, carpet-area details, payment plans and the formal booking process are still awaited. Important: Do not pay an expression-of-interest or pre-launch booking amount until a RERA registration number exists and you can look it up yourself on the official MahaRERA portal.

Developer Profile

Prestige Group (Prestige Estates Projects Ltd, NSE: PRESTIGE) is an established Indian real-estate developer founded in 1986, with a portfolio spanning residential, commercial, retail and hospitality developments across 15+ cities including Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR. The Prestige Group has completed 300+ projects spanning a developable area of 200+ mn sqft and has 56 ongoing projects across segments, with a total developable area of 86 mn sqft. Further, it is planning 43 projects spanning 85 mn sqft and holds a land bank of over 728 acres as of Sep-23.

The company has been graded CRISIL DA1+ by CRISIL and enjoys a credit rating of ICRA A+.

Locality Demand and Market Context

Kolshet Road has quietly become one of the most consequential addresses in the Mumbai Metropolitan Region, and most buyers still underrate it. What Kolshet Road has instead is the thing that actually determines how a neighbourhood ages: large contiguous land parcels, an already-built social infrastructure, and a road network that connects in three directions rather than one.

Thane's expanding employment base, anchored by the Wagle Industrial Estate, Majiwada IT cluster, and Airoli-Navi Mumbai overflow, generates persistent rental demand. A well-located 2 BHK in a gated Kolshet Road project commands rents that meaningfully offset EMI costs for investor-buyers.

As CIDCO and MMRDA have planned and executed the social infrastructure well, Kolshet Road has grown to include multiple retail outlets, business hubs, entertainment centres, and international schools, colleges, and hospitals within the city.

Price Band Context

Pricing has not been officially announced. Kolshet Road currently transacts in a band of roughly Rs 18,000 to Rs 22,000 per sq ft on a saleable basis. Kolshet Road Thane real estate 2026: Rs 19,900 per sq ft average, 13.7% growth, Metro Line 4 impact, yields, supply and the honest risks.